Smiths Group PLC Euro Medium Term Note Programme (2311U)
October 20 2017 - 9:17AM
UK Regulatory
TIDMSMIN
RNS Number : 2311U
Smiths Group PLC
20 October 2017
News Release
London, 20 October 2017
For immediate release
EUR2.5bn Euro Medium Term Note Programme
Smiths Group plc (the "Company") announces today that it has
updated its EUR2.5 billion Euro Medium Term Note Programme (the
"EMTN programme") with its 10 relationship banks as dealers.
The EMTN programme will continue to facilitate the issuance by
the Company of senior notes over time in various currencies and
maturities. Notes issued under the EMTN programme will be
guaranteed by Smiths Group International Holdings Limited.
Bill Seeger, Chief Financial Officer, said:
"This programme continues to be an essential foundation for our
financing strategy having been the vehicle for the EUR650m 2% 10
year notes issued in February 2017. We aim to finance our balance
sheet from the rated public debt markets and the programme provides
us with considerable flexibility in both the refinancing of
existing debt maturities and to support the strategic development
of our business portfolio."
A base prospectus dated 20 October 2017 relating to the update
of the EMTN programme (the "Prospectus") has been approved by the
UK Listing Authority and is available for viewing.
To view the Prospectus, please paste the following URL into the
address bar of your browser:
http://www.rns-pdf.londonstockexchange.com/rns/2311U_1-2017-10-20.pdf
The Prospectus has been submitted to the National Storage
Mechanism and will shortly be available for inspection at:
www.Hemscott.com/nsm.do.
ENDS
Contact details
Investor enquiries
Jemma Spalton, Smiths Group
+44 (0)20 7004 1637
+44 (0)78 6739 0350
jemma.spalton@smiths.com
Marion Le Bot, Smiths Group
+44 (0)20 7004 1672
+44 (0)75 8315 4386
marion.lebot@smiths.com
Media enquiries
Andrew Lorenz, FTI Consulting
+44 (0)203 727 1323
+44 (0)777 564 1807
smiths@fticonsulting.com
Deborah Scott, FTI Consulting
+44 (0)203 727 1459
+44 (0)797 953 7449
smiths@fticonsulting.com
Smiths is a global technology company listed on the London Stock
Exchange (SMIN) and operates a sponsored level one ADR programme
(SMGZY). A world leader in the practical application of
technologies, Smiths Group delivers products and services for the
threat & contraband detection, medical devices, energy and
communications markets worldwide. Our products and services make
the world safer, healthier and more productive. Smiths Group
employs 22,000 people in over 50 countries. For more information
visit www.smiths.com
Disclaimer - intended addressees
Please note that the information contained in the Prospectus may
be addressed to and/or targeted at persons who are residents of
particular countries (specified in the Prospectus) only and is not
intended for use and should not be relied upon by any person
outside these countries and/or to whom the offer contained in the
Prospectus is not addressed. Prior to relying on the information
contained in the Prospectus, you must ascertain from the Prospectus
whether or not you are one of the intended addressees of the
information contained therein.
In particular, the Prospectus does not constitute an offer of
securities for sale in the United States. Neither the Prospectus
nor this announcement is intended for distribution in the United
States. The securities described herein have not been, and will not
be, registered under the U.S. Securities Act of 1933, as amended
(the "Securities Act"), or under any relevant securities laws of
any state of the United States of America and are subject to U.S.
tax law requirements. Subject to certain exceptions, the securities
may not be offered or sold within the United States or to, or for
the account or benefit of, U.S. persons or to persons within the
United States of America, as such terms are defined in Regulation S
under the Securities Act. There will be no public offering of the
securities in the United States.
Your right to access this service is conditional upon complying
with the above requirement.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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